La vendita allo scoperto per Bank of America dà agli investitori un'idea del grado in cui gli investitori stanno scommettendo sul declino delle azioni di Bank of America. I dati relativi alle vendite allo scoperto vengono aggiornati ogni due settimane.

Bank of America (NYSE:BAC) Azioni, Report sulle vendite allo scoperto

BANK OF AMERICA CORP

Bank of America

Bank of America is one of the largest financial institutions in the United States, with more than $3.2 trillion in assets. It is organized into four major segments: consumer banking, global wealth and investment management, global banking, and global markets. Bank of America's consumer-facing lines of business include its network of branches and deposit-gathering operations, retail lending products, credit and debit cards, and small-business services. The company's Merrill Lynch operations provide brokerage and wealth-management services, as does its private bank. Wholesale lines of business include investment banking, corporate and commercial real estate lending, and capital markets operations. Bank of America has operations in several countries but is primarily US-focused.

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Corsair Gaming, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRSR#NASDAQ">CRSR</a>) ("Corsair" or the "Company"), a leading global provider and innovator of high-performance products for gamers, streamers, content-creators, gaming PC builders and SIM driving enthusiasts, today announced it has refinanced its existing revolving and term loan credit facility with a new $100 million revolving credit facility and $125 million term loan facility with Bank of America. The new term loan balance also reflects a $24 million repayment made in Q2 2025.
Borrowings under the new Bank of America credit facilities bear interest at a rate equal to either a base rate or term SOFR, plus an applicable margin that varies based on the Company's consolidated total net leverage ratio. The current interest rate for SOFR borrowings under the new credit facilities is term SOFR plus 1.50%. The maturity date of the new credit facilities is June 30, 2030.
The $100 million revolving credit facility continues to remain fully available for general corporate purposes, including working capital, capital expenditures, and other strategic investments.

CRSR

Corsair Secures $225M in New Credit From Bank of America to Fuel Growth and Strategic Investments

Wall Street's biggest banks are rewarding shareholders with a wave of dividend hikes and buybacks totaling more than $100 billion, after clearing the Federal Reserve's 2025 stress test with capital left to spare.
What Happened: Last week, the Federal Reserve&#8217;s annual stress test, which gauges how well large institutions can withstand a severe recession scenario, showed all 22 participating firms remained comfortably above minimum capital requirements.
The aggregate common equity tier 1 (CET1) ratio dropped to a low of 11.6% under the hypothetical downturn, well above the regulatory threshold of 4.5%, according <a href="https://www.federalreserve.gov/publications/files/2025-dfast-results-20250627.pdf">to</a> the results published by the Fed.
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This means that even under the Fed's severely adverse scenario, which includes a deep recession, surging unemployment, and sharp declines in asset prices, the largest banks would still maintain a strong capital cushion, without requiring any government support.
As a result, several of the nation&#8217;s leading banks have wasted no time in announcing major capital return plans for shareholders. 
JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) led the way with a 7% hike in dividends, alongside $50 billion in fresh stock buyback authorizations. This was the result of a lower stress capital buffer of 2.5%, down from 3.3%, allowing it to free up capital to return to investors.
Similarly, Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>) authorized a $20 billion buyback program, along with a 10% hike in its dividends, followed by Goldman Sachs Group Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>), Wells Fargo &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>), Citigroup Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>) and Bank of America Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>), all raising their dividends in response to the results, according to a report by Reuters.
<figure class="wp-block-table"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td class="has-text-align-center" data-align="center">Stock / ETF</td>
<td class="has-text-align-center" data-align="center">1-Day</td>
<td class="has-text-align-center" data-align="center">Year-To-Date</td>
<td class="has-text-align-center" data-align="center">Capital Return</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>)</td>
<td class="has-text-align-center" data-align="center">+0.17%</td>
<td class="has-text-align-center" data-align="center">+21.00%</td>
<td class="has-text-align-center" data-align="center">7% dividend hike, plus $50 billion in buyback authorizations</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>)</td>
<td class="has-text-align-center" data-align="center">+0.15%</td>
<td class="has-text-align-center" data-align="center">+13.05%</td>
<td class="has-text-align-center" data-align="center">10% dividend hike, $20 billion in buybacks</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Goldman Sachs Group Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>)</td>
<td class="has-text-align-center" data-align="center">-0.18%</td>
<td class="has-text-align-center" data-align="center">+22.87%</td>
<td class="has-text-align-center" data-align="center">Dividends up 33%, from $3 to $4 annualized</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Wells Fargo &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>)</td>
<td class="has-text-align-center" data-align="center">+1.77%</td>
<td class="has-text-align-center" data-align="center">+16.10%</td>
<td class="has-text-align-center" data-align="center">Dividends up 12.5%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Citigroup Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>)</td>
<td class="has-text-align-center" data-align="center">+1.35%</td>
<td class="has-text-align-center" data-align="center">+23.35%</td>
<td class="has-text-align-center" data-align="center">+7.1% Quarterly dividend increase from $0.56 to $0.60</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Bank of America Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>)</td>
<td class="has-text-align-center" data-align="center">+1.85%</td>
<td class="has-text-align-center" data-align="center">+8.72%</td>
<td class="has-text-align-center" data-align="center">Dividends hiked 8% to $0.28 per share, starting Q3 2025</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Financial Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>)</td>
<td class="has-text-align-center" data-align="center">+0.55%</td>
<td class="has-text-align-center" data-align="center">+9.23%</td>
<td class="has-text-align-center" data-align="center">&#8211;</td>
</tr>
</tbody>
</table>
</figure>
Why It Matters: While the major banks passed the tests with ease, analysts note that the simulated downturn <a href="https://www.benzinga.com/markets/equities/25/06/46158087/big-banks-pass-feds-2025-stress-test-with-ease-but-some-say-it-was-too-easy">made milder assumptions</a> compared to the previous year, featuring smaller declines in housing and commercial real estate prices, alongside a more moderate spike in unemployment.
The 2025 test also failed to include private equity and private credit risks that have since ballooned into a $2 trillion market over the years.
In 2024, the study results were <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39525918/major-banks-fall-short-in-feds-2024-stress-test-results-the-market-will-view-the-re">worse than expected</a> for most banks, with higher projected losses compared to the prior year. However, all 31 of the major banks met the capital requirements to address a severe crisis. 
Price Action: Shares of JPMorgan Chase were up 0.17% on Tuesday, at $290.41, and are up 0.64% after hours.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="146" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/02022444/Screenshot-2025-07-02-at-11.54.28-AM-1024x146.png" alt="" class="wp-image-969746" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/02022444/Screenshot-2025-07-02-at-11.54.28-AM-1024x146.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/02022444/Screenshot-2025-07-02-at-11.54.28-AM-300x43.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/02022444/Screenshot-2025-07-02-at-11.54.28-AM-768x109.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/02022444/Screenshot-2025-07-02-at-11.54.28-AM.png 1532w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
JPMorgan scores well on Benzinga&#8217;s Edge Stock Rankings, and has a favorable price trend in the short, medium and long terms. Click <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">here</a> to see how it compares with peers and competitors such as Goldman Sachs and Morgan Stanley. 
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Macro Economic Events

Economics

Federal Reserve

Wall Street's $100 Billion Payout Parade: JPMorgan, Morgan Stanley, Goldman Lead Capital Return Wave After Acing Fed's 2025 Stress Test

Dividends

Bank of America Says The 2025 Stress Test Results Indicated Modeled Capital Depletion Improved 100 bps To 170 bps.; Co. To Increase Dividend From $0.26 To $0.28/Share

Bank of America Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) is trading higher on Tuesday. The shares appear <a href="https://www.benzinga.com/trading-ideas/dividends/25/07/46199040/90b-capital-cushion-bank-shareholder-payday-goldman-sachs">to be breaking out</a>. This can be a bullish dynamic and it would suggest the stock will continue to trade higher.
This is why Bank of America is our <a href="https://www.benzinga.com/topic/stock-of-the-day">Stock of the Day</a>.
With the market at all-time highs, it isn't a surprise that there are many stocks breaking out. Bank of America is one of them.
If a stock is in an uptrend, it is because the market for it is out of equilibrium. There are more shares to be bought than to be sold. Buyers are forced to outbid each other to draw sellers in off of the sidelines.
This pushes the price up.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="590" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01141244/one13-1024x590.png" alt="" class="wp-image-969152" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01141244/one13-1024x590.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01141244/one13-300x173.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01141244/one13-768x442.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01141244/one13.png 1408w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read Also: <a href="https://www.benzinga.com/news/25/07/46194043/apple-stock-analysis-july-sp500-seasonality">Apple Stock Had A Nightmare Year — But It May Be Nearing A Turning Point</a>
Resistance is a price level or narrow zone where there is a lot of sell interest. There are enough sell orders to fill all of the buy orders. This is why rallies end or pause when they reach resistance.
Sometimes, stocks reverse and trend lower after hitting resistance.
This happens when sellers become anxious and impatient. They know that those who wish to buy will go to whoever is willing to sell at the lowest price.
Anxious sellers don't want other traders to undercut them. So, they reduce the prices they are willing to sell at. Other anxious sellers see this and do the same thing. This can result in a snowball effect that forces the price lower.
But sometimes when a stock reaches resistance, the buyers eventually overpower the sellers and move the price above. This is called a breakout.
Breakouts can be a bullish dynamic for a stock. It shows that the investors and traders who created the resistance with their sell orders have left the market. They have either finished or canceled their orders.
With this large amount of supply taken off the market, buyers may need to outbid each other again to draw sellers back in. This can create a new uptrend and it may be happening with Bank of America.
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Image: Shutterstock

Technicals

Stock Of The Day: Bank Of America Breaks Out

Goldman Sachs analysts are cautiously optimistic about the prospect of major U.S. banks returning more capital to shareholders <a href="https://www.benzinga.com/topic/dividend-stocks">through buybacks and dividends</a>. 
Thanks to regulatory changes and strong results in the Federal Reserve's latest stress tests (CCAR), the top five banks are sitting on an estimated $90 billion in excess capital.
The firm believes banks will gradually raise dividends and continue buybacks, especially as new Fed rules free up an estimated $5.5 trillion in balance sheet capacity. This gives banks more flexibility, especially in stressful times.
Among individual banks, Goldman Sachs names Bank of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) and Wells Fargo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) as the "best-positioned stocks."  
<ul class="wp-block-list">
<li>Bank of America stands out for its strong interest income growth (projected 7% annually through 2026), cost discipline, and potential benefit from regulatory reform. Goldman sees upside to both earnings and capital returns, making the stock attractive at current valuations. The analyst rated the stock as Buy, with the price target lifted from $52 to $56.</li>
<li>Wells Fargo, with its regulatory asset cap lifted, is expected to boost growth in core banking and trading businesses. Cost-cutting efforts and efficiency improvements could lift profits significantly, with up to 19% earnings upside forecast. The stock is also rated Buy, with the price target raised from $86 to $92.</li>
</ul>
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/595e3a7c988ca80001dc7d9c/richard-ramsden">Analyst Richard Ramsden</a> also revised estimates ahead of the second-quarter results of five other U.S. banks:
<ul class="wp-block-list">
<li>Citigroup Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>) &#8211; rated Buy, with price target raised from $85 to $96.</li>
<li>JPMorgan Chase &amp; Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) &#8211; rated Buy, with price target raised from $305 to $323.</li>
<li>US Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USB#NYSE">USB</a>) &#8211; rated Neutral, with price target raised from $46 to $49.</li>
<li>PNC Financial Services Group Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNC#NYSE">PNC</a>) &#8211; rated Neutral, with price target raised from $178 to $196.</li>
<li>Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>) &#8211; rated Neutral, with price target raised from $136 to $147.</li>
</ul>
Ramsden expects banks to report sequential NII (net interest income) growth in the second quarter, due to an uptick in loan growth. The trading revenue environment "remains healthy" in the near term, he added.
Read More: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/equities/25/06/46158087/big-banks-pass-feds-2025-stress-test-with-ease-but-some-say-it-was-too-easy">Big Banks Pass Fed&#8217;s 2025 Stress Test With Ease—But Some Say It Was Too Easy</a></li>
</ul>
Image: Shutterstock

Analyst Color

$90 Billion Capital Cushion Points To Serious Bank Shareholder Payday: Goldman Sachs

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Financials sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>HOOD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/03/25</td>
<td>$93.00</td>
<td>$26.3K</td>
<td>2.8K</td>
<td>10.2K</td>
</tr>
<tr>
<td>BAC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/15/25</td>
<td>$45.00</td>
<td>$64.0K</td>
<td>13.2K</td>
<td>1.6K</td>
</tr>
<tr>
<td>TFC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>07/18/25</td>
<td>$43.50</td>
<td>$99.0K</td>
<td>23</td>
<td>1.1K</td>
</tr>
<tr>
<td>OSCR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$25.00</td>
<td>$30.8K</td>
<td>2.2K</td>
<td>549</td>
</tr>
<tr>
<td>GPN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$100.00</td>
<td>$31.3K</td>
<td>227</td>
<td>482</td>
</tr>
<tr>
<td>COIN</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>08/15/25</td>
<td>$380.00</td>
<td>$217.7K</td>
<td>1.5K</td>
<td>347</td>
</tr>
<tr>
<td>PYPL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/18/26</td>
<td>$65.00</td>
<td>$59.1K</td>
<td>137</td>
<td>283</td>
</tr>
<tr>
<td>SOFI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$7.00</td>
<td>$32.6K</td>
<td>14.5K</td>
<td>276</td>
</tr>
<tr>
<td>JPM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/19/25</td>
<td>$285.00</td>
<td>$60.1K</td>
<td>546</td>
<td>130</td>
</tr>
<tr>
<td>JEF</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$50.00</td>
<td>$27.0K</td>
<td>107</td>
<td>51</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For HOOD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>), we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on July 3, 2025. This event was a transfer of 95 contract(s) at a $93.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $26.3K, with a price of $277.0 per contract. There were 2837 open contracts at this strike prior to today, and today 10245 contract(s) were bought and sold. 
• Regarding BAC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>), we observe a call option sweep with bearish sentiment. It expires in 46 day(s) on August 15, 2025. Parties traded 200 contract(s) at a $45.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $64.0K, with a price of $320.0 per contract. There were 13252 open contracts at this strike prior to today, and today 1605 contract(s) were bought and sold. 
• Regarding TFC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TFC#NYSE">TFC</a>), we observe a call option trade with bullish sentiment. It expires in 18 day(s) on July 18, 2025. Parties traded 1100 contract(s) at a $43.50 strike. The total cost received by the writing party (or parties) was $99.0K, with a price of $90.0 per contract. There were 23 open contracts at this strike prior to today, and today 1101 contract(s) were bought and sold. 
• For OSCR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OSCR#NYSE">OSCR</a>), we notice a call option sweep that happens to be bearish, expiring in 81 day(s) on September 19, 2025. This event was a transfer of 134 contract(s) at a $25.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $30.8K, with a price of $233.0 per contract. There were 2250 open contracts at this strike prior to today, and today 549 contract(s) were bought and sold. 
• For GPN (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPN#NYSE">GPN</a>), we notice a call option sweep that happens to be bearish, expiring in 81 day(s) on September 19, 2025. This event was a transfer of 481 contract(s) at a $100.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $31.3K, with a price of $65.0 per contract. There were 227 open contracts at this strike prior to today, and today 482 contract(s) were bought and sold. 
• Regarding COIN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), we observe a call option trade with neutral sentiment. It expires in 46 day(s) on August 15, 2025. Parties traded 102 contract(s) at a $380.00 strike. The total cost received by the writing party (or parties) was $217.7K, with a price of $2135.0 per contract. There were 1528 open contracts at this strike prior to today, and today 347 contract(s) were bought and sold. 
• Regarding PYPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>), we observe a put option sweep with bullish sentiment. It expires in 445 day(s) on September 18, 2026. Parties traded 102 contract(s) at a $65.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $59.1K, with a price of $580.0 per contract. There were 137 open contracts at this strike prior to today, and today 283 contract(s) were bought and sold. 
• Regarding SOFI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>), we observe a call option sweep with bearish sentiment. It expires in 564 day(s) on January 15, 2027. Parties traded 26 contract(s) at a $7.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $32.6K, with a price of $1255.0 per contract. There were 14565 open contracts at this strike prior to today, and today 276 contract(s) were bought and sold. 
• Regarding JPM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), we observe a call option sweep with bullish sentiment. It expires in 172 day(s) on December 19, 2025. Parties traded 25 contract(s) at a $285.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $60.1K, with a price of $2405.0 per contract. There were 546 open contracts at this strike prior to today, and today 130 contract(s) were bought and sold. 
• For JEF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JEF#NYSE">JEF</a>), we notice a call option trade that happens to be bearish, expiring in 18 day(s) on July 18, 2025. This event was a transfer of 50 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $27.0K, with a price of $540.0 per contract. There were 107 open contracts at this strike prior to today, and today 51 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

COIN

HOOD

OSCR

PYPL

SOFI

10 Financials Stocks Whale Activity In Today's Session

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul class="wp-block-list">
<li>Citigroup analyst George Gianarikas downgraded the rating for Lyft, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) from Buy to Hold and lowered the price target from $22 to $14. Lyft shares closed at $15.85 on Thursday. <a href="https://www.benzinga.com/quote/AFRM/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Canaccord Genuity analyst George Gianarikas downgraded Uber Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) from Buy to Hold and cut the price target from $90 to $84. Uber shares closed at $93.12 on Thursday. <a href="https://www.benzinga.com/quote/AFRM/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Stephens &amp; Co. analyst Trey Grooms downgraded GMS Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GMS#NYSE">GMS</a>) from Overweight to Equal-Weight and maintained the price target of $95. GMS shares closed at $98.54 on Thursday. <a href="https://www.benzinga.com/quote/AFRM/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Baird analyst David George downgraded Bank of America Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) from Outperform to Neutral and maintained the price target of $52. Bank of America shares closed at $47.46 on Thursday. <a href="https://www.benzinga.com/quote/AFRM/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Considering buying UBER stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><a href="https://www.benzinga.com/quote/UBER/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="552" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27101911/image-426-1024x552.png" alt="" class="wp-image-965002" style="width:612px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27101911/image-426-1024x552.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27101911/image-426-300x162.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27101911/image-426-768x414.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27101911/image-426.png 1153w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
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<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/06/46115042/top-2-tech-and-telecom-stocks-you-may-want-to-dump-in-june">Top 2 Tech And Telecom Stocks You May Want To Dump In June</a> </li>
</ul>
Photo via Shutterstock

Downgrades

Analyst Ratings

LYFT

UBER

This Uber Analyst Is No Longer Bullish; Here Are Top 4 Downgrades For Friday

The Federal Reserve announced on Friday that all 22 of the nation&#8217;s largest banks successfully passed its 2025 stress test, maintaining adequate capital buffers even under a <a target="_blank" href="https://www.benzinga.com/insights/analyst-ratings/25/06/46125160/expert-outlook-bank-of-america-through-the-eyes-of-15-analysts" rel="noreferrer noopener">hypothetical recession scenario</a>. However, analysts noted that this year&#8217;s exam was less demanding than previous iterations, CNBC <a target="_blank" href="https://www.cnbc.com/2025/06/27/big-banks-all-pass-less-vigorous-federal-reserves-stress-tests.html" rel="noreferrer noopener">reports</a>.
The central bank&#8217;s simulated downturn included milder assumptions compared to 2024—featuring smaller declines in housing and commercial real estate prices, a more moderate unemployment spike, and reduced overall market disruption.
Also Read:<a target="_blank" href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46071825/big-short-investor-eisman-warns-jpmorgan-wells-fargo-domination-squeezes-regional-banks" rel="noreferrer noopener"> &#8216;Big Short&#8217; Investor Eisman Warns JPMorgan, Wells Fargo Domination Squeezes Regional Banks</a>
The report adds that these factors likely contributed to the more favorable outcomes for major financial institutions.
Michelle Bowman, the Fed&#8217;s newly appointed vice chair for supervision and a President Donald Trump appointee, said in a statement, &#8220;Large banks remain well capitalized and resilient to a range of severe outcomes,&#8221; CNBC adds
The scenario estimated roughly $550 billion in total losses across the tested firms, yet all remained above regulatory minimums.
Unlike last year&#8217;s exam, which included steeper declines and more severe economic pain points, the 2025 version omitted deeper stress on private equity holdings and did not evaluate exposure to private credit markets—a rapidly growing $2 trillion segment.
Fed officials offered limited explanation for the shift, only citing past volatility in test outcomes and a plan to seek public input for future revisions.
Notably absent from the 2025 methodology was any direct testing of bank vulnerabilities to private credit. Despite recent warnings from Fed researchers—including the Federal Reserve Bank of Boston—about the systemic risks private credit could pose in a sharp downturn, the Fed&#8217;s stress test documents made no reference to the sector.
Top-tier institutions such as JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), Goldman Sachs Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>), Citigroup Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>), and Bank of America Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) were among those that cleared the exam.
Their solid performance positions them to resume capital return programs, including dividend payouts and share buybacks, with announcements expected next week, the report adds.
Read Next:
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<li><a href="https://www.benzinga.com/personal-finance/financial-advisors/25/06/46043344/why-are-central-banks-still-stockpiling-gold" target="_blank" rel="noreferrer noopener">Why Are Central Banks Still Stockpiling Gold?</a></li>
</ul>
Image: Shutterstock/christianthiel.net

Big Banks Pass Fed's 2025 Stress Test With Ease—But Some Say It Was Too Easy

Baird analyst David George downgrades Bank of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) from Outperform to Neutral and maintains the price target from $52 to $52.

Price Target

Baird Downgrades Bank of America to Neutral, Maintains Price Target to $52

Throughout the last three months, 15 analysts have evaluated Bank of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>), offering a diverse set of opinions from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">6</td>
<td align="right">8</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">4</td>
<td align="right">6</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $48.77, a high estimate of $54.00, and a low estimate of $42.00. A 3.67% drop is evident in the current average compared to the previous average price target of $50.63. 
<img src="https://www.benzinga.com/files/images/story/2025/1750964453_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
The analysis of recent analyst actions sheds light on the perception of Bank of America by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Keith Horowitz</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$54.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Betsy Graseck</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$49.00</td>
<td>$47.00</td>
</tr>
<tr>
<td>Richard Ramsden</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$52.00</td>
<td>$46.00</td>
</tr>
<tr>
<td>Chris Kotowski</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$51.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Stephen Biggar</td>
<td>Argus Research</td>
<td>Lowers</td>
<td>Buy</td>
<td>$47.00</td>
<td>$53.00</td>
</tr>
<tr>
<td>Gerard Cassidy</td>
<td>RBC Capital</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$45.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>David Konrad</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$52.00</td>
<td>$55.00</td>
</tr>
<tr>
<td>Erika Najarian</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$50.00</td>
<td>$46.00</td>
</tr>
<tr>
<td>Scott Siefers</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$42.00</td>
<td>$45.00</td>
</tr>
<tr>
<td>John McDonald</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$47.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Jason Goldberg</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$54.00</td>
<td>$58.00</td>
</tr>
<tr>
<td>Betsy Graseck</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$47.00</td>
<td>$56.00</td>
</tr>
<tr>
<td>John McDonald</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$50.00</td>
<td>$53.00</td>
</tr>
<tr>
<td>Vivek Juneja</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$43.50</td>
<td>$49.50</td>
</tr>
<tr>
<td>Glenn Schorr</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$48.00</td>
<td>$51.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Bank of America. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Bank of America compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Bank of America's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Bank of America's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/BAC/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Bank of America analyst ratings.</a>
<h2>Discovering Bank of America: A Closer Look</h2>
Bank of America is one of the largest financial institutions in the United States, with more than $3.2 trillion in assets. It is organized into four major segments: consumer banking, global wealth and investment management, global banking, and global markets. Bank of America's consumer-facing lines of business include its network of branches and deposit-gathering operations, retail lending products, credit and debit cards, and small-business services. The company's Merrill Lynch operations provide brokerage and wealth-management services, as does its private bank. Wholesale lines of business include investment banking, corporate and commercial real estate lending, and capital markets operations. Bank of America has operations in several countries but is primarily US-focused.
<h3>Bank of America: Financial Performance Dissected</h3>
Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.
Revenue Growth: Bank of America displayed positive results in 3M. As of 31 March, 2025, the company achieved a solid revenue growth rate of approximately 6.0%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Bank of America's net margin is impressive, surpassing industry averages. With a net margin of 25.54%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 2.55%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): Bank of America's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.21%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: Bank of America's debt-to-equity ratio is below the industry average at 1.26, reflecting a lower dependency on debt financing and a more conservative financial approach.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Expert Outlook: Bank of America Through The Eyes Of 15 Analysts

Citigroup analyst Keith Horowitz maintains Bank of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) with a Buy and raises the price target from $50 to $54.

Citigroup Maintains Buy on Bank of America, Raises Price Target to $54

President Donald Trump's bid to dismantle the Consumer Financial Protection Bureau has shifted at least $18 billion in costs onto consumers through higher bank fees and canceled restitution, two advocacy groups said Tuesday.
What Happened: The Student Borrower Protection Center and the Consumer Federation of America calculated the hit by tallying policies the administration halted since Treasury Secretary Scott Bessent froze <a href="https://www.benzinga.com/government/regulations/25/02/43451675/bessent-freezes-consumer-financial-protection-bureau-work-leaving-lawsuits-against-jpmorgan-bank-of-america-capital-one-in-limbo">most CFPB activity</a> in February.
In a statement shared with Reuters, they say scrapping Obama and Biden-era plans to cap <a href="https://www.benzinga.com/government/regulations/25/04/44833509/judge-strikes-down-biden-era-rule-capping-credit-card-late-fees-at-8">credit-card late fees</a> at $8 and overdraft charges at $5 will alone cost consumers about $15 billion a year.
The CFPB has also dropped or settled 22 enforcement cases inherited from the prior administration, including actions against JPMorgan Chase (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), Bank of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>), Wells Fargo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) and Capital One (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COF#NYSE">COF</a>), covering another $3 billion in alleged harm.
Earlier this month, CFPB lawyers quietly voided redress agreements with Toyota's lending arm and a major payments processor, erasing roughly $50 million owed to borrowers, the groups said.
See also: <a href="https://www.benzinga.com/markets/macro-economic-events/25/06/46087233/ken-rogoff-warns-ais-hunger-for-power-could-send-interest-rates-soaring-youre-going-to-see-even-more-spending-not-less">Ken Rogoff Warns AI&#8217;s Hunger For Power Could Send Interest Rates Soaring: &#8216;You&#8217;re Going To See Even More Spending, Not Less&#8217;</a>
Why It Matters: The watchdog groups urged Congress to restore the fee caps and reopen canceled cases, warning that each month of inaction transfers <a href="https://www.benzinga.com/personal-finance/25/03/44353947/trumps-cfpb-overhaul-leaves-consumers-exposed-heres-what-it-means-for-your-money">billions from families</a> to financial giants.
Trump has previously <a href="https://www.benzinga.com/news/25/02/44028664/trump-says-he-shut-down-the-ultra-left-cfpb-after-bankers-and-loan-officers-called-him-almost-crying">called the CFPB</a> an "ultra-left" agency and boasted he "shut it down after bankers were almost crying," according to a February interview. Administration allies argue the bureau overreached and stifled free enterprise. According to Reuters, Senate Republicans recently tried to <a href="https://punchbowl.news/bills-119hconres14pp/">defund</a> it in a sweeping tax bill before parliamentarians stripped the provision for violating budget rules.
Consumer advocates counter that households are absorbing higher costs just as real wages lag inflation and the Fed holds rates near two-decade highs. Meanwhile, analysts reveal that the regulatory freeze could boost lender profits and <a href="https://www.benzinga.com/etfs/sector-etfs/25/02/43637114/regulatory-freeze-at-cfpb-these-etfs-could-gain-as-oversight-weakens">certain financial-sector ETFs</a> as oversight weakens.
Photo Courtesy: Maxim Elramsisy / Shutterstock.com
Read next: <a href="https://www.benzinga.com/personal-finance/management/25/06/46087248/americans-used-to-fantasize-about-getting-rich-now-they-just-want-to-be-comfortable-1-in-4-dont-feel-financially-safe-many-want-150000-payslips">Americans Used To Fantasize About Getting Rich, Now They Just Want To Be Comfortable: 1-In-4 Don&#8217;t Feel Financially Safe, Many Want $150,000 Payslips</a>

Government

Legal

Trump's Move To Gut Financial Protection Agency Could Cost Consumers $15 Billion A Year, Say Advocacy Groups

<a href="https://www.bloomberg.com/news/articles/2025-06-23/bofa-exits-consumer-regulator-s-monitoring-three-years-early">https://www.bloomberg.com/news/articles/2025-06-23/bofa-exits-consumer-regulator-s-monitoring-three-years-early</a>

'Bank of America Exits Consumer Regulator's Monitoring Three Years Early'- Bloomberg

Morgan Stanley analyst Betsy Graseck maintains Bank of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) with a Overweight and raises the price target from $47 to $49.

Morgan Stanley Maintains Overweight on Bank of America, Raises Price Target to $49

The U.S. markets will be closed on Thursday, June 19, in observance of Juneteenth National Independence Day, a federal holiday commemorating the end of slavery in the United States.
What Happened: According to the guidance from the Securities Industry and Financial Markets Association, the New York Stock Exchange and the Nasdaq will both suspend trading for the day, along with the U.S. bond market, which will also remain closed. Trading will resume as normal on Friday, June 20.
Juneteenth is the newest federal holiday in the calendar, having been designated only in 2021 by former President Joe Biden, 156 years after Major General Gordon Granger ordered the final enforcement of the Emancipation Proclamation in Texas on June 19, 1865.
See Also: <a href="https://www.benzinga.com/news/politics/25/06/46010064/ayatollah-assassination-discussion-rejected-by-putin-i-do-not-even-want-to-discuss-this-possibility">Ayatollah Assassination Discussion Rejected By Putin: &#8216;I Do Not Even Want To Discuss This Possibility&#8217;</a>
The decision to make this a national holiday was undertaken following <a href="https://www.benzinga.com/news/24/06/39397814/is-the-market-open-on-juneteenth">months of widespread protests</a> against racial injustice and inequality in 2020. 
While financial markets will be off on Thursday, not all sectors will stop functioning. Most federal government offices, bank branches, schools, and even the U.S. Postal Service will be shutting down, with many state and local government offices also observing the holiday.
Private companies, however, aren&#8217;t required by law to close for federal holidays, and retailers such as Walmart Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>), Target Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>), and Walgreens Boots Alliance Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBA#NASDAQ">WBA</a>) will continue <a href="https://edition.cnn.com/2025/06/18/business/open-closed-juneteenth">to</a> remain open during their normal working hours. 
Major banks such as JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) and Bank of America Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>), among others, will be closed, while online banking and ATMs will continue to function. 
Why It Matters: For years, Juneteenth celebrations were <a href="https://www.benzinga.com/news/22/06/27699154/juneteenth-2022-whats-open-whats-closed-and-what-is-the-holiday-all-about-1">restricted only to Texas</a>, but following the unrest that stemmed from the death of George Floyd in 2020, there were growing calls for making it a nationwide holiday.
Besides Juneteenth, the markets remain closed for <a href="https://www.benzinga.com/money/stock-market-holidays">eight other federal holidays</a>, with the following occasions in the coming months,
<ul class="wp-block-list">
<li>Friday, July 4th—Independence Day</li>
<li>Friday, September 5th—Labor Day</li>
<li>Monday, November 24th—Thanksgiving</li>
<li>Friday, December 26th—Christmas Day</li>
</ul>
Photo Courtesy: iHumnoi on Shutterstock.com Read More: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46010451/peter-schiff-doesnt-think-stablecoins-will-help-preserve-dollar-dominance-heres-what-the-economist-says-theyll-do-instead">Peter Schiff Doesn&#8217;t Think Stablecoins Will Help Preserve Dollar Dominance — Here&#8217;s What The Economist Says They&#8217;ll Do Instead</a></li>
</ul>

Are Markets Open On Juneteenth This Year? Here's What's Open And What's Closed On June 19

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Financials sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>COIN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$300.00</td>
<td>$56.1K</td>
<td>16.3K</td>
<td>38.1K</td>
</tr>
<tr>
<td>OSCR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$20.00</td>
<td>$65.0K</td>
<td>8.1K</td>
<td>7.7K</td>
</tr>
<tr>
<td>NTRS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/18/25</td>
<td>$110.00</td>
<td>$32.8K</td>
<td>16.8K</td>
<td>3.5K</td>
</tr>
<tr>
<td>V</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$360.00</td>
<td>$103.5K</td>
<td>1.0K</td>
<td>1.2K</td>
</tr>
<tr>
<td>GPN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$75.00</td>
<td>$34.0K</td>
<td>4.3K</td>
<td>1.0K</td>
</tr>
<tr>
<td>JPM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/03/25</td>
<td>$275.00</td>
<td>$25.7K</td>
<td>1.3K</td>
<td>800</td>
</tr>
<tr>
<td>MS</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/27/25</td>
<td>$128.00</td>
<td>$35.6K</td>
<td>84</td>
<td>516</td>
</tr>
<tr>
<td>BAC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/18/26</td>
<td>$55.00</td>
<td>$60.9K</td>
<td>1.4K</td>
<td>300</td>
</tr>
<tr>
<td>WFC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$72.50</td>
<td>$34.4K</td>
<td>2.8K</td>
<td>103</td>
</tr>
<tr>
<td>GS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$620.00</td>
<td>$27.7K</td>
<td>1.1K</td>
<td>76</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For COIN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), we notice a call option sweep that happens to be neutral, expiring in 2 day(s) on June 20, 2025. This event was a transfer of 200 contract(s) at a $300.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $56.1K, with a price of $284.0 per contract. There were 16378 open contracts at this strike prior to today, and today 38166 contract(s) were bought and sold. 
• For OSCR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OSCR#NYSE">OSCR</a>), we notice a call option sweep that happens to be bearish, expiring in 30 day(s) on July 18, 2025. This event was a transfer of 500 contract(s) at a $20.00 strike. This particular call needed to be split into 55 different trades to become filled. The total cost received by the writing party (or parties) was $65.0K, with a price of $130.0 per contract. There were 8102 open contracts at this strike prior to today, and today 7712 contract(s) were bought and sold. 
• For NTRS (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTRS#NASDAQ">NTRS</a>), we notice a call option sweep that happens to be bullish, expiring in 30 day(s) on July 18, 2025. This event was a transfer of 53 contract(s) at a $110.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $32.8K, with a price of $620.0 per contract. There were 16851 open contracts at this strike prior to today, and today 3587 contract(s) were bought and sold. 
• For V (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>), we notice a call option sweep that happens to be bearish, expiring in 30 day(s) on July 18, 2025. This event was a transfer of 300 contract(s) at a $360.00 strike. This particular call needed to be split into 58 different trades to become filled. The total cost received by the writing party (or parties) was $103.5K, with a price of $345.0 per contract. There were 1029 open contracts at this strike prior to today, and today 1281 contract(s) were bought and sold. 
• Regarding GPN (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPN#NYSE">GPN</a>), we observe a put option sweep with bullish sentiment. It expires in 93 day(s) on September 19, 2025. Parties traded 71 contract(s) at a $75.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $34.0K, with a price of $480.0 per contract. There were 4385 open contracts at this strike prior to today, and today 1067 contract(s) were bought and sold. 
• For JPM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), we notice a call option trade that happens to be bearish, expiring in 15 day(s) on July 3, 2025. This event was a transfer of 50 contract(s) at a $275.00 strike. The total cost received by the writing party (or parties) was $25.7K, with a price of $515.0 per contract. There were 1364 open contracts at this strike prior to today, and today 800 contract(s) were bought and sold. 
• Regarding MS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>), we observe a put option trade with bullish sentiment. It expires in 9 day(s) on June 27, 2025. Parties traded 430 contract(s) at a $128.00 strike. The total cost received by the writing party (or parties) was $35.6K, with a price of $83.0 per contract. There were 84 open contracts at this strike prior to today, and today 516 contract(s) were bought and sold. 
• Regarding BAC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>), we observe a call option sweep with bearish sentiment. It expires in 457 day(s) on September 18, 2026. Parties traded 300 contract(s) at a $55.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $60.9K, with a price of $203.0 per contract. There were 1474 open contracts at this strike prior to today, and today 300 contract(s) were bought and sold. 
• For WFC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>), we notice a call option trade that happens to be bullish, expiring in 93 day(s) on September 19, 2025. This event was a transfer of 61 contract(s) at a $72.50 strike. The total cost received by the writing party (or parties) was $34.4K, with a price of $565.0 per contract. There were 2819 open contracts at this strike prior to today, and today 103 contract(s) were bought and sold. 
• Regarding GS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>), we observe a call option trade with bullish sentiment. It expires in 2 day(s) on June 20, 2025. Parties traded 15 contract(s) at a $620.00 strike. The total cost received by the writing party (or parties) was $27.7K, with a price of $1850.0 per contract. There were 1137 open contracts at this strike prior to today, and today 76 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

NTRS

10 Financials Stocks With Whale Alerts In Today's Session

Whales with a lot of money to spend have taken a noticeably bearish stance on Bank of America.
Looking at options history for Bank of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) we detected 34 trades.
If we consider the specifics of each trade, it is accurate to state that 29% of the investors opened trades with bullish expectations and 70% with bearish.
From the overall spotted trades, 18 are puts, for a total amount of $804,274 and 16, calls, for a total amount of $787,865.
<h3>Projected Price Targets</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $25.0 to $50.0 for Bank of America over the last 3 months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
In terms of liquidity and interest, the mean open interest for Bank of America options trades today is 5890.42 with a total volume of 21,752.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Bank of America's big money trades within a strike price range of $25.0 to $50.0 over the last 30 days.
<h3>Bank of America Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1750190558_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>BAC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/18/25</td>
<td>$1.29</td>
<td>$1.28</td>
<td>$1.29</td>
<td>$45.00</td>
<td>$110.1K</td>
<td>15.2K</td>
<td>343</td>
</tr>
<tr>
<td>BAC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$1.23</td>
<td>$1.22</td>
<td>$1.23</td>
<td>$44.00</td>
<td>$105.1K</td>
<td>25.7K</td>
<td>1.1K</td>
</tr>
<tr>
<td>BAC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/21/25</td>
<td>$3.05</td>
<td>$3.0</td>
<td>$3.0</td>
<td>$45.00</td>
<td>$75.0K</td>
<td>1.5K</td>
<td>254</td>
</tr>
<tr>
<td>BAC</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$1.68</td>
<td>$1.67</td>
<td>$1.67</td>
<td>$43.00</td>
<td>$65.9K</td>
<td>4.6K</td>
<td>400</td>
</tr>
<tr>
<td>BAC</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>07/18/25</td>
<td>$0.63</td>
<td>$0.62</td>
<td>$0.62</td>
<td>$42.00</td>
<td>$62.0K</td>
<td>25.0K</td>
<td>1.0K</td>
</tr>
</tbody>
</table>

<h3>About Bank of America</h3>
Bank of America is one of the largest financial institutions in the United States, with more than $3.2 trillion in assets. It is organized into four major segments: consumer banking, global wealth and investment management, global banking, and global markets. Bank of America's consumer-facing lines of business include its network of branches and deposit-gathering operations, retail lending products, credit and debit cards, and small-business services. The company's Merrill Lynch operations provide brokerage and wealth-management services, as does its private bank. Wholesale lines of business include investment banking, corporate and commercial real estate lending, and capital markets operations. Bank of America has operations in several countries but is primarily US-focused.
<h3>Current Position of Bank of America</h3>
<ul>
<li>Currently trading with a volume of 19,884,469, the BAC's price is down by -0.25%, now at $44.3. </li>
<li>RSI readings suggest the stock is currently is currently neutral between overbought and oversold.</li>
<li>Anticipated earnings release is in 29 days.</li>
</ul>
<h3>Expert Opinions on Bank of America</h3>
1 market experts have recently issued ratings for this stock, with a consensus target price of $52.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from Goldman Sachs continues to hold a Buy rating for Bank of America, targeting a price of $52. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Bank of America with <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> for real-time alerts.

What the Options Market Tells Us About Bank of America

A former Bank of England economist is raising red flags over the growing role of stablecoins in the U.S. financial system, with major implications for banks, as well as the U.S. Dollar.
What Happened: In a recent episode of The Big View by Reuters, Dan Davies, an ex-BoE regulatory economist and veteran bank analyst, compared stablecoin issuers like Circle Internet Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRCL#NYSE">CRCL</a>) and Tether to banks that lack the oversight and safeguards of traditional institutions.
&#8220;These things are basically intrinsically unstable financial structures,&#8221; Davies said, noting that their promise of 1:1 redemption in U.S. dollars makes them particularly vulnerable to sudden runs, referring to bank runs, when a large number of individuals try to withdraw their funds from an institution at the same time.
He says, &#8220;If you think there's even a small chance that it [a stablecoin] might be worth 95 cents on the dollar, then you want to get out immediately.&#8221;
See Also: <a href="https://www.benzinga.com/news/events/25/06/45967070/howard-lutnick-says-nearly-70000-register-for-5-million-trump-card-visa-as-us-eyes-1-trillion-windfall-from-premium-immigration-plan">Howard Lutnick Says Nearly 70,000 Register For $5 Million &#8216;Trump Card&#8217; Visa As US Eyes $1 Trillion Windfall From Premium Immigration Plan</a>
Davies notes that stablecoin issuers hold significant reserves in commercial bank deposits and Treasury bills, so in case redemptions spike, the banks that hold these reserves could witness withdrawal demands in the billions.
&#8220;They're very bad customers for the banking system,&#8221; he says, pointing to the systemic stress this dynamic could introduce.
Circle, for instance, works <a href="https://www.circle.com/usdc">with</a> the Bank of New York Mellon Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BK#NYSE">BK</a>) as its custodian, among a few others, while Tether works <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42166673/drug-cartels-use-tether-and-bitcoin-to-launder-millions-court-documents-reveal">with</a> Cantor Fitzergerald. 
According to Davies, the GENIUS Act, a bill introduced in Congress to regulate stablecoins, may end up doing more harm than good. 
While the legislation appears to offer guardrails, such as reserve disclosures and other transparency requirements, Davies believes that it could inadvertently normalize risk. 
On a global level, Davies said the move could accelerate &#8220;de-dollarization,&#8221; as countries seek to insulate their economies from the added volatility introduced by U.S.-backed stablecoins.
&#8220;Signing up to the U.S. dollar now means signing up to stablecoins,&#8221; he says, warning this could erode trust and encourage alternatives like central bank digital currencies in Europe and Asia.
Why It Matters: Davies&#8217; concerns have been echoed by several other prominent experts and institutions, such as the United States Financial Services Oversight Council (FSOC), which raised alarms over the <a href="https://www.benzinga.com/content/42377684/fsoc-warns-stablecoins-pose-stability-risks-due-to-lack-of-management-standards">potential risks posed</a> by stablecoins due to inadequate risk management standards late last year. 
There are, however, several other <a href="https://www.benzinga.com/24/12/42585826/stablecoins-redefining-global-finance-are-banks-falling-behind">voices in support</a> of this new asset class, such as Jan Van Eck, the CEO of VanEck, who said that &#8220;the global payments system is being rewired as we speak,&#8221; while referring to stablecoins and their utility in payments and cross-border transactions. 
Last month, it was reported that <a href="https://www.benzinga.com/trading-ideas/movers/25/05/45579978/banking-giants-like-jpmorgan-bank-of-america-mull-joint-stablecoin-to-counter-crypto-competition-report">leading U.S. Banks</a>, including JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), Bank of America Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>), Citigroup Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>), and Wells Fargo &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) were exploring the possibility of a joint stablecoin.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="147" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/17054954/Screenshot-2025-06-17-at-3.19.38-PM-1024x147.png" alt="" class="wp-image-951944" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/17054954/Screenshot-2025-06-17-at-3.19.38-PM-1024x147.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/17054954/Screenshot-2025-06-17-at-3.19.38-PM-300x43.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/17054954/Screenshot-2025-06-17-at-3.19.38-PM-768x110.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/17054954/Screenshot-2025-06-17-at-3.19.38-PM.png 1520w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
According to Benzinga&#8217;s Edge Stock Rankings, Circle has a favorable price trend in the short, medium, and long term, but how does it compare with peers and competitors? Click <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">here</a> to find out. 
Read More: 
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<li><a href="https://www.benzinga.com/markets/equities/25/06/45967469/us-equity-funds-are-raking-in-billions-these-are-the-ones-beating-trumps-tariff-shock-in-2025">US Equity Funds Are Raking In Billions—These Are The Ones Beating Trump&#8217;s Tariff Shock in 2025</a></li>
</ul>
Photo courtesy: Grey82 / Shutterstock.com

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Cryptocurrency

CRCL

Stablecoins Pose 'Systemic Risk' To US Banks And Dollar, Former BoE Advisor Warns: 'They're Very Bad Customers For The Banking System'

Japan&#8217;s SoftBank Group Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBY#OTC">SFTBY</a>) is reportedly looking to raise $4.9 billion via a sizable overnight stake sale.
What Happened: On Tuesday, it was revealed that the Japanese investment holding company would be raising these funds via an unregistered overnight block sale of its stake in T Mobile US Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>), according to a <a href="https://www.bloomberg.com/news/articles/2025-06-16/softbank-seeks-to-raise-4-9-billion-in-t-mobile-share-sale-mbzn3ujs">report</a> by Bloomberg News, which saw the terms of the deal.
SoftBank is offering 21.5 million shares in the telecom giant at a price range of $224 to $228 per share, representing a 3% discount to T-Mobile&#8217;s closing price on Monday, at $230.99.
The deal, when completed, is set to be the largest U.S. equity block sale since Toronto-Dominion Bank's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TD#NYSE">TD</a>) $13.1 billion <a href="https://www.benzinga.com/ma/25/01/42921113/deal-dispatch-td-bank-charles-schwab-eyenovia-smart-share-hit-auction-block">divestiture of its stake</a> in Charles Schwab Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>) in February. It also adds to the growing wave of equity offerings by new and existing shares, reaching $91.4 billion so far in 2025, up from $75.9 billion last year.
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As of March 31, 2025, SoftBank held 85.4 million T-Mobile shares, equivalent to a 7.52% stake, which was originally acquired as part of Sprint Corp.&#8217;s <a href="https://www.benzinga.com/analyst-ratings/analyst-color/19/12/14912449/what-the-sprint-t-mobile-merger-trial-means-for-investors">$26.5 billion merger</a> with T-Mobile in 2020. SoftBank had acquired a majority stake in T-Mobile back in 2013.
Following the proposed transaction, SoftBank&#8217;s stake will shrink by 1.9 percentage points, leaving it with a roughly 5.6% stake in the company. 
The transaction is being managed by Bank of America Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>), and neither SoftBank nor T-Mobile has immediately responded to Benzinga&#8217;s request for a comment.
Why It Matters: This move might prompt T-Mobile&#8217;s majority stakeholder, Deutsche Telekom AG (OTC:<a class="ticker" href="https://www.benzinga.com/stock/DTEGY#OTC">DTEGY</a>), to vie for greater control of the company, something that it&#8217;s been pursuing for the <a href="https://www.benzinga.com/m-a/21/05/21199432/deutsche-telekom-eyeing-majority-stake-in-t-mobile-by-acquiring-softbanks-share-bloomberg">past several years</a>. 
SoftBank continues to pursue investment opportunities in the U.S., having led a <a href="https://www.benzinga.com/media/25/01/43374528/softbank-may-lead-openais-40-billion-funding-round-at-a-300-billion-valuation-despite-deepseek-disruption-report">$40 billion investment round</a> in OpenAI early this year.
The company&#8217;s CEO, Masayoshi Son, had earlier committed to <a href="https://www.benzinga.com/news/24/12/42505666/softbanks-masayoshi-son-to-reportedly-announce-100b-us-investment-during-meeting-with-trump">investing $100 billion</a> in the United States during a meeting with the then President-Elect Donald Trump at Mar-a-Lago late last year.
Price Action: T-Mobile shares were up 1.31% on Monday, ending the day at $230.99, but are down 3.89% after hours following news of the stake sale.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="143" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/16220626/Screenshot-2025-06-17-at-7.36.11-AM-1024x143.png" alt="" class="wp-image-951496" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/16220626/Screenshot-2025-06-17-at-7.36.11-AM-1024x143.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/16220626/Screenshot-2025-06-17-at-7.36.11-AM-300x42.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/16220626/Screenshot-2025-06-17-at-7.36.11-AM-768x108.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/16220626/Screenshot-2025-06-17-at-7.36.11-AM.png 1528w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
The company&#8217;s shares show strong Momentum, and rank well on Quality according to Benzinga&#8217;s Edge Stock Rankings, but only have a favorable price trend in the long term. See <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">here</a> for deeper insights into the stock, the company, its peers, and competitors.
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